Payload-based fleet optimization for rail cars in the chemical industry

Abstract

Rail car fleets are significant investments in the chemical industry. Therefore, chemical companies constantly try to optimize the fleets as part of major working capital optimization initiatives. We study a complex rail car fleet optimization problem observed at BASF and an approach to tackle the problem in a sequential way. We develop a mixed integer non… (More)
DOI: 10.1016/j.ejor.2016.09.062

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